Education Skills and Career

Conclusion: You can bypass some of your evolutionary mismatches by keeping smart records of the self

Length: very short

You are different

You were a different person twenty years ago. You had other habits. You thought other thoughts. You reasoned differently. You harbored different beliefs. In short, you have changed your mind since then, whether you realize it or not.

Typically, it’s difficult to remember clearly that you actually were of a different mind, unless you have actual tangible records for reference. If you are a mindful and highly metacognitive person you might be able to do it, but not without a certain amount of effort.

The different yous are like different religions or cultures

In my conversation with serial entrepreneur Ola Ahlvarsson on my podcast Future Skills a few weeks back, Ola talked about observing the world through different cultural lenses. Among other things he said it’s very dificult to truly understand a different culture. We are trapped within our own cultural box of , e.g., believing in “freedom”, “pursuit of happiness”, “individualism”, “socialism” or “martyrdom”. Within that box it’s all but impossible to grasp what’s inside another box without ending up in that box instead.

One thing that really struck me was Ola’s claim that many people in the western world think that an Islamic State warrior probably would come around to our views of freedom and justice with the right amount of education. However the IS warrior might think the same about us. We just don’t understand each other, and a little education doesn’t fix that gap.

Ola makes a much better job at explaining the concept than I could ever hope to do, so do check it out on any podcast app you like (here is a link to the iTunes page). It’s the podcast Future Skills, episode #10.

Evolutionary mismatches

I recently listened to a science show about the self, and the memories of the self. The host talked about how there aren’t any evolutionary advantages in remembering being a different person. On the contrary, much of the conscious self is occupied by continuously adapting its narrative and back story to fit with current events. Being a person is mostly an illusion, an afterthought made-up to keep us safe and sane.

Unfortunately that’s an evolutionary mismatch with the modern world, since being of a fixed state mindset makes us less prone to trying new things — since we assume we are static anyway. In Future Skills we devote a lot of time to analyzing mismatches between our prehistoric brains and the modern world, as well as suggest ways around them and our numerous and counterproductive psychological biases.

In short, Future Skills is there to inspire you to make yourself future proof in a world of accelerating change.

Another interesting avenue of thought was how we judge ourselves based on our thoughts, but other people based on their behavior. Sure, we don’t have much choice about others, but in theory we could judge ourselves based on our behavior rather than our thoughts. I actually try doing that myself sometimes, not least during interviews: “I think I want A but it turns out I most often choose B, so I guess my personality really is B rather than the A I otherwise assume”. It still feels weird, however, thinking I am A, but having to say I am B based on what a past version of me simply happened to do rather than the very tangible thoughts I am having now.

Take aways — embrace change

Here are a few things you could do to map out your changing personality and take advantage of the information gleaned from the exercise:

Keep a diary of your thoughts, decisions and beliefs — it will become increasingly interesting and valuable as the decades pass.

Analyze your past behavior (which could be inferred from photographs and other records)

Remember that just by internalizing the fact that you do change, will increase your propensity to try new things and adapt even faster to your environment — a superpower in the way the world works in this century

Check out my podcastFuture Skills for more inspiration through our three different show formats (10-minute future skills tool episodes, half-hour long expert episodes, e.g., #12 about entrepreneurship, and longer format guest shows)

Topic: Are you stuck on the nearest hill? How do you even know? Finding out what your alternatives are, what you actually want and how to get it starts with why.

Discussion: How to make sure you don’t squander your life, or your investment returns

Conclusion: Question more. Do it systematically. Get to the root. Adapt.

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Why?

That word might be the very thing separating humans from animals.

OK, for the record, I don’t think there is a clear separation between “humans” and “animals”. I think intelligence, emotions, curiosity, consciousness, cumulative culture etc. are manifested along a spectrum in all living things.

I do, however, think that humans are orders of magnitude ahead most animals in some respects, such as when it comes to asking questions like “How?” and “Why?”

It’s the hows and the whys that got us technology, which in turn has given humanity a form of abundance of food and leisure that most animals don’t. It’s not all good of course, since evolution has taught us to eat all the calories we can lay our hands on, while spending as little energy as possible. We evolved for energy-hoarding “Netflix and chill” behavior (as in actually chilling in front of a movie with a bag of chips, but, sure, we have evolutionary drives of other kinds too). But what we need is novelty and exercise.

My whys are about maintaining Future Skills

Almost everything I do these days is centered around understanding and countering evolutionary mismatches, and staying relevant just in case.

To be clear, here’s the situation:

I had a rewarding career in finance to say the least. Then I quit when I had enough money to live comfortably for the rest of my life. The problem is that living comfortably might mean too little physical and mental challenge to stay healthy. In addition I don’t trust fiat money or even the conceptual system of working in one period for “tokens” and relying on others doing the work for me in the next period in exchange for said tokens. In particular not over longer time periods.

The above means I need to keep investing both financially and personally in order to stay relevant and secure in a changing world. That’s why I keep risking my money in various ventures, as well as read, write, listen and record — in essence learn and teach.

Sure, I would still work out and do sports, not to mention read books and listen to podcasts, even if I didn’t worry about becoming unhealthy and ignorant. And I probably would do some investing too, just because it’s fun to be involved in interesting projects or simply to help people realise their ideas. I wouldn’t, however, as I do now, manage dozens of investments, projects, blogs and podcasts at the same time. Sure, I wouldn’t call it “work”, but the fact is that I’m never idle.

I’m not complaining. Not at all. On the contrary, I’m doing exactly what I want. It’s just a little surprising to myself what it was that I wanted.

Ask why, answer, and change accordingly

Alright, enough with the soul searching. What’s the takeaway for you?

The most important tool for moving forward I’ve come across is the question “Why?”. It’s even better in multiple form, such as the Five Whys:

Ask yourself why you do something, and then why that is, and why again until you get to the actual root of the matter. Do the same with reality, events and people around you to map your surroundings and put yourself in the relevant context.

In order to benefit fully from the power of why you probably need a way to organise your findings too. That’s where the commonplace comes in handy — that’s just an old word for a structured notebook where you keep track of all your ideas and findings in a systematic and searchable form.

Start with your most fundamental whys: why you live where you do, why you work where you do, why you see the people you see, why you eat what you eat and do what you do. Try this:

Make a table in your commonplace and fill it out with answers to why, gradually over time as you are hit by inspiratons (an elusive elementary particle):

Work (help people, stay relevant)

Live (friends, environment, infrastructure)

Travel (see new things, change, break)

People (interesting, challenging, fun)

Consume (just the bare necessities)

Eat (nutrition, health)

Do (blog, write, record, read: see Work)

Study (exciting, brain health, curiosity)

Exercise (health, vanity, fun)

Invest (fear, fun, challenging)

Social Media (contribute, networking)

Then ask how you could do it differently, better, tailored to you. Keep adding snippets of information and clues to answers to those questions in your commonplace Know Thyself file, until you know enough to start transforming your life from what just happened to take shape to what you actually would design from the bottom up (within the bounds of all kinds of individual, worldly limitations of course).

If asking why is your most valuable friend; availability bias, ownership bias, loss aversion and homeostasis are your worst enemies. They are all variations of a theme that anchors you in place, making you climb the nearest hill instead of the best hill. Searching and replacing that default state takes effort and courage, and the potential rewards aren’t now but in the future.

Maybe, just maybe, you’ll conclude that you’re already exactly where you would be anyway. Wonderful! Alternatively, you might find you should and could change dramatically. Also wonderful! (albeit scary).

If you’re an investor there are whys for you as well

Maybe you’re not ready for life-altering decisions. Maybe you’re just an investor that came across this post unknowingly, and your answer to why you invest is simply “to get more money”. Well, the principle is still good:

Why do you hold the assets you do? Why is that valuation metric important? Why would the growth rate be x%? Why would that push the stock price higher? Why do you think it’s not in the price already? Why would A and B change the way they need to in order for your investment to pan out as planned?

Make it a habit to at least once a year pretend you’re starting from scratch and question every single holding in your portfolio and their premise and actively try to find better alternatives.

I’m not sure which is harder, giving up on old holdings or old habits.

The feeling of freedom

My whys made me give up high finance in exchange for dog walks, podcasting and writing, but I still live in the same apartment and go about my days much the same as before. The only true difference is that instead of spending my days in an office researching stocks, I’m sitting alone in my home office on the one hand learning and expressing myself, and on the other making sure I could get a job if needed.

Another difference is the concept of “freedom”. I could do whatever I like. The only consequence would be a theoretical loss of relevance in the future. As long as I know I’m “free”, I’m happy confining myself to a small room and an internet connection.

That seems to be what I really needed, just the feeling of freedom.

Future Skills

Now, what about you? Do you have your whys in order, whether for the big picture or just your investments? Start taking notes, slowly but deliberately mapping your actual life and comparing it to your desired life.

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In my podcast Future Skills (link to iTunes to listen to and rate the show) I and Ludvig talk about strategies for achieving the best possible life experience. We talk about tools and habits for enhanced focus, creativity, health, finances and happiness, in order to prosper in a world of accelerating change.

We talk about self-knowledge, about breaking homeostasis and about circumventing irrational biases in short format episodes, and provide inspirational conversations with masters in their field in longer format episodes.

Do you know what you want and how to get it?

No? Don’t worry, most people don’t. In Future Skills we explore that space together, on a quest for ever better methods and practices to foil our evolutionary mismatches.

There exists a place on the interwebs where truth is served without hesitation, but where you’re simultaneously encouraged to make your stay in whore village as short and rewarding as possible.

Push!

This green pill enclave teaches you to push your competency, push your abilities, push your targets, push your income, push your returns until you become WSP worthy. But it doesn’t end there. Making millions is important, but making billions is just plain stupid and a waste of your most precious resource – time.

Wall Street Playboys

WSPs teach how to make money, how much you should be making, what skills you need, how to prioritize, when to learn, when to experiment, what friends to keep, when to party and so on. WSPs tell you if you’re heading in loser direction, WSPs tell you if you need to, and how to accelerate, what risks to take.

And then they tell you when you’re done. If you can’t relax, if you can’t play, if you can’t enjoy yourself in the surroundings of your choice, the company of your choice, in a strong and healthy body with an alert mind then you are a loser to no matter how much material wealth you’ve got piled up.

The red pill lands you in a tent and on a yoga mat, which is interesting in your 20s, weird in your 30s and leads to premature death in your 70s

The blue bill leads to middle management and a quiet suburb

The green pill fills up your bank account, your muscles and your brain in your 30s, and releases you as an independent and intelligent alpha in your 40s, free and capable of doing exactly what you want.

Still here? If Wall Street Playboys‘ web site and book are the literate versions of the green pill, my podcast Future Skills is the audio version. With three different kinds of episodes I and Ludvig aim to provide the tools you need to be prepared for accelerating societal and technological change. We talk about:

How to learn more efficiently – metacognition and learning about learning

What to learn – methods, mindsets, skills

Where to invest your skills and resources for maximum returns – psychologically, mentally, financially and physically

How to identify and achieve your desires to enjoy your personal and financial investment returns

Again, a quick rating on either place means more people get to make their life greener. We would appreciate it very much. In addition a review is your ticket to a competition throughout April 2018. Read more here.